ISSN NO: 1562 -5702 Keep
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August/ September 2014
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Ceremony marks start of tug building contract
Tau Morwe, Chief Executive of Transnet Port Authority, starts the ceremonial cutting of the first plate for Tug T3013
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ransnet National Ports Authority’s (TPNA) R1, 4 billion contract, awarded to Durban based Southern African Shipyards,
for nine state of the art tugboats got underway recently with the traditional cutting of the first steel. “This contract rates as the largest
single contract awarded by TNPA to a South African company for the building of harbour craft. The acquisition of these tugboats is consistent with Transnet’s Market Demand Strategy to provide capacity ahead of demand ensuring productivity and operational efficiency”, said Tau Morwe, TNPA Chief Executive. The tugboats will replace ageing vessels and increase the fleet in the ports of Durban, Richards Bay, Port Elizabeth and Saldanha Bay. “To meet an almost unprecedented target of building the nine tugboats in just 42 months, they will be built in tandem with five tugs under construction at any given time with varying launch dates,” said Prasheen Maharaj, South African Shipyards Chief Executive. The first tug will be launched in November 2015 while the last tug will be handed over in the first quarter of 2018. In another move to meet the tight building programme, subcontractors supplying technical expertise from the installation of electrical systems, engines and propulsion units, have established workshops in SA Shipyards premises.
Subcontractors include well-known multi-national companies such as Barloworld/Caterpillar, Siemens and Voith Schneider. Underpinning the contract is a large Local Supplier Development Programme which ensures local content is maximized and that black suppliers, women owned and youth owned businesses are included in the procurement process. In addition, a number of national and international training and development opportunities will be created for local employees. “The new tugs will be the most powerful ever to enter TNPA’s service. Compared to the older generation tugs, currently in use which have a bollard pull of 40 and 32.5 tons, eight of the new tugs will have a 70 ton bollard pull. At 31 meters long, 11.5 meters wide and 18 meters high they are slightly larger than the existing ones,” said Rufus Lekala, TNPA Chief Harbour Master. “More remarkably the ninth and final tug to be built will be 42 meters long, 15 meters wide and have a bollard pull of 100 tons, making it the most powerful tug in the world.” said Enquiry no: 1 Lekala.
Growth Fund launches its latest brand identity
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he KwaZulu-Natal Growth Fund, structured as an innovative and unique public private partnership operating in the KwaZulu-Natal province, re-launched its latest brand identity at a cocktail event held at the Latitude Conference Centre located at Dube TradePort on Monday, 25th August 2014. Established in 2008, by the KZN Provincial Department of Economic Development, Tourism and Environmental Affairs, the KZN Growth Fund is a partnership between the KZN Provincial Government,
the Development Bank of Southern Africa (DBSA) and Standard Bank of South Africa (SBSA). The Fund targets and finances commercially viable projects across a multitude of sectors including transport and logistics, power & energy, telecommunications, manufacturing, agro processing, mining and mineral beneficiation, private health & education infrastructure and any other projects that meets the investment mandate of the Fund.
The KZN Growth Fund’s mandate is to support sustainable growth in KZN by financing private sector projects that drive economic success, stimulate job creation, promote broad based black economic empowerment (BBBEE) and reduce inequality. In his keynote address, MEC for Economic Development, Tourism & Environmental Affairs, Mike Mabuyakhulu (pictured) said,
“This province has the opportunity to expand its contribution to the broader economy through its fast growing tourism sector, and its many infrastructure plans, which build on its natural attributes of a favourable port, and plans by government to develop industrial and special economic zones. We are confident that our plans are already bearing the desired fruit”. The KZN Growth Fund intends to leverage off a number of catalyst projects within the province includcontinued on page two
Marketing Dept
Issue no. 88
Inside R80 million warehouse development for Dube TradePort - page 3 Pump, Valves, Pipes & Fittings page 7 Hydraulics & Pneumatics page 15
Harbour & Shipping Infrastructure - page 18
Newcastle & Surrounds - page 21 Food & Beverage - page 22 Company & Product News page 27